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PSU Banks

Rebalancing of FTSE, Sensex, changes in both indices will be implemented from Monday

Rebalancing of FTSE, Sensex, changes in both indices will be impl...

Fri, Sep 15, 2023

Rebalancing of FTSE, Sensex, changes in both indices will be implemented from Monday, big inflow will come in HDFC Bank

PSU Banks Merger: Undeterred despite coronavirus! Modi government is going ahead with mega consolidation

PSU Banks Merger: Undeterred despite coronavirus! Modi government...

Sun, Mar 29, 2020

Undeterred by the spread of Coronavirus impact and Covid-19, the Modi government is going ahead with the plan to consolidate public sector banks.

PSU banks may see enhanced profits, says Chief Economic Advisor Krishnamurthy Subramanian

PSU banks may see enhanced profits, says Chief Economic Advisor K...

Sun, Feb 09, 2020

The PSU Banks may see enhanced profits with write-back of some of the loans provisions in their balance sheets on account of the IBC resolutions and they must now tap the market themselves instead of looking for recapitalisation, Chief Economic Advisor Krishnamurthy Subramanian has said.

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Indian banks need Rs 4.16 lakh crore in less than two years to meet Basel III norms

Indian banks need Rs 4.16 lakh crore in less than two years to meet Basel III norms

Tue, Sep 12, 2017

Banks argue that the haircuts they are expected to take cannot be extrapolated to the other exposures, which they say are backed by more productive assets.

Reliance Capital to treble lending to SMEs, consumers to Rs 50,000 crore

Reliance Capital to treble lending to SMEs, consumers to Rs 50,000 crore

Sat, Jul 29, 2017

In a layout of company's growth strategy for the next three years in a analyst concall, Reliance Capital said it also aims to expand the housing finance asset under management (AUM) to Rs 50,000 crore in three years.

Private banks lead PSU banks in credit, deposit growth in FY17

Private banks lead PSU banks in credit, deposit growth in FY17

Tue, Jul 04, 2017

Latest data of Financial Stability Report indicates private banks have outperformed public ones when it comes to credit and deposit growth. PSBs has lost share in total credit over the last three time periods.

Theft of valuables kept in your lockers are not bank's responsibility

Theft of valuables kept in your lockers are not bank's responsibility

Mon, Jun 26, 2017

As per the report, the lawyer quoted the clause by 19 banks which also included Bank of India, Oriental Bank of Commerce, Punjab National Bank, UCO and Canara, among others, stating, "the relationship they have with customers with regard to lockers is that of lessee (landlord) and lessor (tenant)".

Sensex, Nifty open in red; Infosys down 2%

Sensex, Nifty open in red; Infosys down 2%

Mon, Mar 20, 2017

The Indian rupee strengthened by 1.15 paise in the week gone by to Rs. 65.46 against the US dollar.

Capital infusion in PSU banks after Q3 numbers

Capital infusion in PSU banks after Q3 numbers

Sun, Feb 05, 2017

"We are working on the numbers. The third quarter numbers are not all in. The results are coming in and the information we have we are adding it up to our number crunching exercise," the official said.

Second Income Disclosures Scheme to fund Pay Commission, PSB recapitalisation: BofA-ML

Second Income Disclosures Scheme to fund Pay Commission, PSB recapitalisation: BofA-ML

Thu, Dec 29, 2016

The government on December 16, had announced that the second Income Disclosure Scheme (IDS II) will run till March 31.

Demonetisation: Steady activation of debit cards to boost ATM volumes for PSBs

Demonetisation: Steady activation of debit cards to boost ATM volumes for PSBs

Tue, Dec 20, 2016

Post demonetisation, Indian banks especially public banks are expected to see growth in the ATM volumes led by steady activation of debit cards.

India eyes merger of two big state-run banks after debt cleanup

India eyes merger of two big state-run banks after debt cleanup

Tue, Oct 11, 2016

India may merge two large state banks in the coming fiscal year once a cleanup of bad assets has run its course, the official overseeing a turnaround of the sector told Reuters, days before a new process to resolve stressed assets goes live.

WATCH: Top 5 stories of this evening; From Nifty falling below 8,950-mark to Govt likely to discontinue LPG subsidy for non-BPL families

WATCH: Top 5 stories of this evening; From Nifty falling below 8,950-mark to Govt likely to discontinue LPG subsidy for non-BPL families

Wed, Sep 07, 2016

Zee Business brings you the most important stories tonight with the latest developments. Top five stories of this evening: 1. Nifty slips below 8,950, PSU banks show strength 2. Govt may discontinue LPG Subsidy for non-BPL families

Not ready to privatise public sector banks, says FM Arun Jaitley

Not ready to privatise public sector banks, says FM Arun Jaitley

Wed, Sep 07, 2016

The government is consolidating some of the public sector banks to strengthen them, but does not plan to reduce the state`s share below a threshold of 52 percent, Jaitley said in a podium interview.

Watch top 5 stories of this evening; From Govt's Rs 22,915 crore infusion in 13 PSU banks to Wipro's Q1 down 8%

Watch top 5 stories of this evening; From Govt's Rs 22,915 crore infusion in 13 PSU banks to Wipro's Q1 down 8%

Tue, Jul 19, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this evening: 1. Govt infuses Rs 22,915 crore in 13 PSU banks

Banking Reforms: 10 lakh employees to go on strike on July 29

Banking Reforms: 10 lakh employees to go on strike on July 29

Wed, Jul 13, 2016

United Forum of Banks Unions, in a notice on Tuesday July 12, 2016 said that nearly 10 lakh employees and officers of public sector banks will go on a nation-wide strike on July 29.

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